Economists have seriously failed the public in important areas over the last three decades. And these failures played a role in fostering the upward redistribution of income over the last four decades. People have a right to be angry.
The incoming president and his Bitcoin-loving acolytes want to turn the government into their personal ATM.
Newspaper headlines have called Donald Trump’s victory “decisive,” “massive,” “resounding,” “historic,” and “sweeping.” None of those things are true. Recent public opinion polls reveal that Trump’s professed policy agenda is very unpopular.
Medicare Advantage – the commercial alternative to traditional Medicare – is drawing down federal health care funds, costing taxpayers an extra 22% per enrollee to the tune of US$83 billion a year.
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California’s undocumented residents contribute nearly $8.5 billion in taxes, playing a crucial role in supporting public services while remaining excluded from essential programs.
You’ve surely read that tariffs would just tax regular Americans. You may not have read how they’d work to make the rich richer.
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A bold new proposal from the economist Gabriel Zucman is gaining prime-time backing
When the trickle-down theory first took off in the 1980s, the argument was that tax cuts lift all boats. After 50 years, no one can continue to make this claim—yet they still do.
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